Treasury Manager

Definition

This is a full-time, (First Mid-Level Officials and Managers) position with the City's Financial Services Department. An individual in this position is responsible for planning, organization and directing all personnel and operations of the treasury management functions of the City. Treasury functions include the billing and collections of all City revenues and managing the investment of City funds in compliance with the Public Funds Investment Act.

Examples of Work

• Participate in the development and implementation of goals, objectives, policies, and procedures for the Treasury Management program.

• Oversees daily cash management function and initiates banking/investment activity required to maintain sufficient cash flows.

• Oversees the billing of City revenues and works directly with the collection agencies to provide data and review monthly collectible and uncollectible balances.

• Solicit and purchase investments for City funds in accordance with Public Funds Investment Act (PFIA) and the City's Investment Policy.

• Annually review and recommend revisions to the City's Investment Policy, present suggested changes to the Finance Committee, and ensure review and adoption by the City Council annually in accordance with PFIA.

• Manage the selection and annual approve by City Council of authorized Broker/Dealers.

• Prepare investment reports accurately and timely for inclusion in quarterly reports to the Finance Committee and City Council. Reconcile investment records to general ledger balances.

• Assists in the development and implementation of strategies for managing cash and investments.

• Reviews Fort Bend Tax Office's property tax collection information and ensures accuracy of data. Prepares monthly reports to account for property tax revenue and receivables.

• Assists with the annual calculation of effective tax rate and other reporting requirements governed by state property tax laws.

• Prepare schedules for the annual audit in accordance with Generally Accepted Accounting Principles and consistent with requests by the City's outside auditor.

• Implement suggested recommendations for operational and internal control improvements pertaining to billing and collection of City funds. Respond to internal audit findings, report on status, and coordinate implementation of findings.

• Participate in the tracking and analysis of major revenue and ensure compliance with contracts or agreements if applicable.

• Perform other related duties as assigned;

• Subject to 24 hour recall.

Education, Experience, or Certification

Bachelor's Degree from an accredited college or university in Accounting, Finance or a related field and six (6) years of accounting experience are required. Certified Treasury Professional or Certified Public Funds Investment Manager desirable but not required.

Supplemental Information

The Department of Human Resources & Organizational Development may consider an equivalent combination of education, training and/or experience.